Nokia’s AI Gamble Targets 60% Profit Surge
PositiveArtificial Intelligence
- Nokia has set a target for annual operating profits of €2.7 to €3.2 billion by 2028, focusing on artificial intelligence to enhance its business operations.
- This ambitious profit goal reflects Nokia's strategy to leverage AI technologies for growth, especially following significant investments in the sector, including a recent $1 billion from Nvidia.
- The decision to separate AI operations from its telecom business indicates a strategic shift, highlighting the increasing importance of AI in driving innovation and profitability in the tech industry.
— via World Pulse Now AI Editorial System


